EURUSD Daily Analysis – January 22, 2019

by ForexCycle.com | January 22, 2019 2:33 am
EURUSD’s downside movement from 1.1570 extended to as low as 1.1353. As long as the price is below the falling trend line on the 4-hour chart, the downtrend could be expected to continue and next target would...

Marijuana Stock APHRIA (NYSE:APHA) Ending Correction

by elliottwave-forecast.com | January 21, 2019 7:53 pm
APHRIA is a Canadian cannabis company (TSX:OTC:APHA) and in November 2018 it was listed in New York Stock Exchange. The company is as a leader in the production of pharmaceutical-grade cannabis and also produces a range of marijuana...

Fibonacci theory in forex

by ForexCycle.com | January 21, 2019 2:09 pm
Fibonacci is in essence a sequence of numbers which were discovered by Leonardo Fibonacci, an Italian mathematician. The numbers commence with zero, and then 1 after that. The third number is usually calculated by adding 0+1, which...

Gold: Options And Futures Analysis For January 21, 2019

by Assistant Traders | January 21, 2019 9:45 am
    Total cash investments among major participants of the CME Group on gold derivatives trading increased by 6%.     At the same time, the total capitalization of investments in dollars amounted to $ 162 billion 322 million.     The predominance...

USDCAD Daily Analysis – January 21, 2019

by ForexCycle.com | January 21, 2019 4:37 am
USDCAD moved sideways in a trading range between 1.3179 and 1.3322. The sideways movement is likely consolidation for the downtrend from 1.3664. As long as 1.3322 resistance holds, the downtrend could be expected to resume and further...

USDJPY Daily Analysis – January 21, 2019

by ForexCycle.com | January 21, 2019 4:36 am
USDJPY extended its upside movement from 107.76 to as high as 109.88. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – January 21, 2019

by ForexCycle.com | January 21, 2019 4:35 am
AUDUSD remains in the uptrend from 0.6765, the fall from 0.7235 is likely consolidation for the uptrend. Range trading between 0.7100 and 0.7235 is possible in a couple of days. As long as 0.7100 support holds, the...

GBPUSD Daily Analysis – January 21, 2019

by ForexCycle.com | January 21, 2019 4:34 am
GBPUSD remains in the uptrend from 1.2396, the fall from 1.3000 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...

EURUSD Daily Analysis – January 21, 2019

by ForexCycle.com | January 21, 2019 4:33 am
EURUSD extended its downside movement from 1.1570 to as low as 1.1353. Further decline would likely be seen in a couple of days and next target would be at 1.1300 area. Key resistance is at 1.1425, a...

CGC Canopy Growth Corporation Wave Analysis

by elliottwave-forecast.com | January 20, 2019 8:59 pm
CGC Canopy Growth Corporation Wave Analysis Firstly I would like to mention the Canopy Growth Corporation stock began trading on the NYSE last year due to legal reasons. That said I am not going to talk about any...